Probably superior for projects to just launch the token and send the airdrop if they don’t want to be forced into submission

You can possibly justify recent bullying tactics because of how stingy airdrops have gotten

UNI gave 15% as an airdrop; DYDX airdrop was 7.5% with 25% to…

The Next Phase of DeFi Money Markets?

DeFi’s lending sector has been sluggish, attributed to complex multi-asset lending pools & gov-driven project decisions.

Our latest report explores the potential of modular lending products - unraveling features, designs, & implications 🧵

In the midst of “i can’t wait for the next bull to kick off”, I realized there was, within me, an invincible “i miss the bear”

Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and automatically convert to fiat. Join the waitlist stripe.com/use-cases/cryp… and watch the demo (h/t @Solana) from Sessions.

> biden supporter
> buys BODEN as unironic support for biden
> biden wins
> make big $
> realize you have to pay a 44.6% capital gains tax

memecoins

net bad for political, regulatory, and legal image of the industry

net good for getting crypto into the hands of more people

(also useful for stress testing the network, memecoins have improved Solana 10x long-term, just as NFTs had done in 2021)

importantly — and…

Lousy marketing. The truth is:

- no bad debt in the protocol ✅ $0
- the protocol became fully operational right after
- emergency liquidator profits during the pause will be voted on to give back to users, as courtesy, because otherwise the system worked exactly as designed;…

Can't always make everyone happy, but I think the Renzo team has done a good job of absorbing feedback from the community and translating it into real action

A few takeaways from Delphi Digital's The Rise of Ethena 🧵

This is by far the best research on Ethena Labs on the market and it is one of the best research reports I have ever seen in the industry. It is a balanced take of the potential, risk and economics around Ethena

I'm biased but this is imo the best report on Ethena Labs out there

Covers the bull case while providing the most comprehensive coverage of the risks that I've read anywhere

Whether you're a bull or a bear, this is a must-read

members.delphidigital.io/reports/the-ri…

When I was thinking about switching from a job in equity research to crypto in 2019, one of the most appealing things was how people in crypto didn’t take themselves too seriously

(Almost) everyone was just a normal person doing stuff they genuinely wanted to do

Ditched the Dubai conference for a weekend at the racetrack and I feel vindicated now

Average tuesday afternoon in India

Board flight -> Delphi Digital reports -> land smart AF

Have been thinking about the Modular ecosystem and how it is no longer limited to just segmenting the layers of a blockchain. Just writing down my thoughts or ramblings on how I see parallels in DeFi also moving to modular design in the future

Alexander The Great conquered the Persian Empire without a fully formed Prefontal Cortex and you’re a 36 year old folding after a 10% drawdown.

Have some god damn self respect.